Cottage Industry and Factories
Bell Ringer: What are 3 improvements made during the Agricultural Revolution? How might these improvements contribute to the Industrial Revolution?
Essential Question How did the Cottage Industry and Textile industry contribute to the growth of the Industrial Revolution?
Cottage Industry Merchants supply raw materials – wool and cotton – to cottages Turned into yarn Merchants pick up spun yarn, take to next cottage Weave, dye, finished Merchants sell product for a profit ($$$) Capitalism: a new economic ($$$) system based on SUPPLY AND DEMAND Workers earn wages ($$$) Demand for products increases. Why? Draw a picture that represents these notes
Effects of Cottage Industry Big profits for merchants What do they do with profits? New source of income for peasants Why do peasants need income?
Textiles and the Factory System Textile Industry Textiles = cloth/fabric Cottage Industry too slow – demand Why was the cottage industry too slow? New inventions speed up spinning Spinning Jenny - Water Frame - Spinning Mule - Power Loom - Cotton Gin removed seeds - Why did the Cotton Gin speed up cotton production?
Spinning Jenny
Water Frame
Spinning Mule
Power Loom
Cotton Gin
Rise of Factories Larger buildings needed Why? Machines too big for homes Needed to be near power: coal or water
Effects of Textile Factories Price of mass produced textiles = low Textile factory output explodes Cottage Industry forced to close – made less $$$
Page 23 BTW… Compare and contrast the Cottage Industry to the Factory Industry. What is similar between the two systems? What is different? Use 2 examples to prove your point.